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DochEvi [55]
2 years ago
5

A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 7 % per year and

Mathematics
1 answer:
Volgvan2 years ago
6 0

Answer:

Hi! I believe this is your answer:

$750

Step by step explanation:

interest + interest      = total interest

0.08*x   + 0.09*(9000-x) = 750    dollars

0.08x + 810 - 0.09x = 750

-0.01x = 750 - 810 = -60  ====>  x = %28-60%29%2F%28-0.01%29 = 6000.

Final answer:  

$6000 was invested at 8%.  The rest   9000-6000 = 3000 dollars were invested at 9%.

Check.   0.08*6000 + 0.09*3000 = 480 + 270 = 750 dollars.

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Step-by-step explanation:

Let x = the amount Deshaun invested in an account that paid 9% interest

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Thus;

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Now, After one year, he received a total of $1440 in interest. Thus;

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y = 36000/4

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